American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
ALAN GREENSPANAnd she always has so much fun doing it. We make a good team.
More Alan Greenspan Quotes
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Rules cannot take the place of character.
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The process of innovation is, of course, never ending.
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The increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.
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The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions…
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Unfortunately, Senator, nobody knows where the next innovative idea is coming from.
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In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending.
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Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.
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Need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path.
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An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.
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Market financed withdrawals of home equity in recent years.
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Well, you probably will always believe there should be laws against fraud, and I don’t think there is any need for a law against fraud.
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You can’t have the capitalist system if an increasing number of people think it is unjust.
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I’m not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.
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The number of mistakes I have made are just awesome. There is no number large enough to account for that.
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The Iraq War is largely about oil.
ALAN GREENSPAN






